ApiJect gets $590 million U.S. loan to produce COVID-19 vaccine injections [Reuters]
Jefferies Financial Group Inc. (JEF)
Last jefferies financial group inc. earnings: 10/25 04:42 pm
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Source: Reuters
ApiJect gets $590 million U.S. loan to produce COVID-19 vaccine injections By Reuters Staff 2 Min Read (Reuters) - Pre-filled syringe maker ApiJect Systems Corp said on Thursday it has been approved by the U.S. government for a $590-million loan to make single-dose injectors that are capable of delivering nearly all leading COVID-19 vaccine candidates. The loan is part of the Trump administration’s initiatives to bolster the country’s ability to produce drugs and pharmaceutical raw materials. The privately held company said it would build a facility capable of producing up to 3 billion single-dose prefilled injectors annually. The facility will support vaccine candidates that require standard cold storage or ultra-cold storage down to minus 70 degrees Celsius, it said. The loan from the U.S. International Development Finance Corporation will finance 75% of the project’s capital costs, with the remaining coming from a capital raise led by U.S. investment bank Jefferies Financial Group
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- Jefferies Financial Group Inc. (NYSE: JEF) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
JEF
Earnings
- 3/27/24 - Miss
JEF
Sec Filings
- 4/17/24 - Form CERT
- 4/17/24 - Form 8-A12B
- 4/16/24 - Form 8-K
- JEF's page on the SEC website